Answer:
Step 1: Research on consumer satisfaction and needs
Step 2: Make a Plan for what goods or services you will be offering
Step 3: Plan Your Finances. Do you have enough money to establish the business?
Step 4: Choose a Business Structure ( Corporate, Partnership, etc)
Step 5: Choose a business name
Step 6: Get the necessary paperwork done (Licenses and permits)
Step 7: Choose an Accounting System
Step 8: Select where your business shall be based.